Senior Property Accountant

Primaris REIT; Toronto; On-site; CAD 85,000 - 95,000; Full time

Job summary

Primaris REIT is seeking a dedicated Senior Property Accountant for its Toronto office. This role involves managing the full cycle accounting for a portfolio, preparing monthly and quarterly reports, and assisting with special projects.

The ideal candidate will have a Bachelor's degree in a relevant field, CPA designation preferred, and strong proficiency in Microsoft Excel. The company offers a competitive salary range of CAD $85,000 – $95,000 based on experience and qualifications.

Qualifications

• Bachelor’s Degree in a related field is essential.
• Enrolment in a professional accounting program is required.
• CPA designation is highly preferred.
• Strong proficiency with Microsoft Excel is necessary.
• Experience with Yardi is an asset.

Responsibilities

• Manage full cycle accounting for the assigned portfolio.
• Prepare and analyze monthly and year-end reporting.
• Assist in the development of process documentation and best practices.
• Provide regular updates to the Accounting Manager.

Skills

Process management/improvement skills

Analytical and inquiry skills

Excellent proficiency with Microsoft Excel

Yardi experience

Education

Bachelor’s Degree in Accounting, Finance, Business Administration, or related field

Enrolment in a professional accounting designation program

CPA designation (preferred)

Job description

Primaris REIT is currently hiring a dedicated and enthusiastic Senior Property Accountant to join our team in our downtown Toronto office. If you are process driven, have great attention to detail and thrive in a dynamic, fast-paced environment, this exciting opportunity is perfect for you!

Vacancy Status

• Replacement, (1)
• New Role, (1)

Responsibilities

• Full cycle accounting for assigned portfolio including monthly journal entries and reconciliations of the cash, equity, investment property, debt, and intercompany account balances, etc.
• Prepare, review & analyze:
  • Monthly reporting for assigned portfolio including month-end closes, actual to budget variance analysis and quarter over quarter variance analysis
  • Quarterly and year end property packages, and liaise with auditors
  • Annual financial and cost statements
  • Annual tenant operating cost, CAM recoveries and realty tax billings
  • Budgets and quarterly re-forecasts
  • Set-up and coordinate the accounting functions for newly acquired properties
• Provide regular updates & feedback to the Manager, Accounting
• Assist Manager, Accounting with reviewing work of Property Accountants
• Participate in the development and distribution of best practices, process documentation, and user support materials for department processes
• Act as a resource to the Property Accountants
• Provide support to Manager, Accounting with special projects/initiatives
• Ad-hoc analyses as required by management and internal and external stakeholders
• Other duties as assigned

Qualifications

• Bachelor’s Degree in Accounting, Finance, Business Administration, or related field
• Enrolment in a program for a professional accounting designation
• CPA designation highly preferred
• Excellent proficiency with Microsoft Excel, easily work with formulas (e.g., index, sumif, pivot, lookups, conditional formats, links, etc.)
• Yardi experience an asset
• Strong process management/improvement skills with a mindset for continuous improvement
• Strong analytical and inquiry skills to understand operational processes and constraints
• Produce accurate work with attention to detail and consistently meet deadlines
• Actively support training & development opportunities for employees as well as provide regular and meaningful feedback while delegating responsibility and being comfortable working through others

Compensation

At Primaris, we believe in rewarding talent with competitive wages and total compensation package. Your compensation is thoughtfully determined based on factors such as location, job level, relevant education or training, experience, knowledge, skills, and abilities, while ensuring internal equity and alignment with market data.

Expected Salary Range: CAD $85,000– $95,000

Equal Opportunity Employer

Primaris REIT is an equal opportunity employer, committed to providing fair recruitment and employment practices to all employees and applicants. If you require accommodation for this role, please contact [e-mail].

Accessibility

Primaris is committed to accessibility for persons with disabilities in the course of employment, including in recruitment and hiring. If, as a result of a disability, you require accommodation in order to apply for this role and/or participate in the recruitment process, please contact [e-mail].